Economy

The median price of a single-family home climbed 14.9 percent to $315,000 in the fourth quarter. That is the fastest pace on record in data that goes back to 1990.

Actress Rosie O’Donnell has not been able to sell her five million dollar New Jersey mansion despite having it on the market for five years. The former “The View” co-host currently lives in an $8 million, four-bedroom penthouse in New Your City.

New York City Mayor Bill de Blasio was questioned Thursday about how he plans to tax the rich, a move he has called for several times yet 0ne for which he has no plan.

In its latest forecast, the Congressional Budget Office increased the projected 2021 budget deficit to nearly $2.3 trillion.

Apple Chief Privacy Engineer Erik Neuenschwander recently spoke out against a proposed bill in the North Dakota Senate that would prevent Apple and Google from requiring developers to use their respective app stores and payment methods, stating that it “threatens to destroy the iPhone as you know it.”

President Joe Biden has dropped the national border emergency declaration that President Donald Trump established in 2019 to help cut migration and redirect federal funds for the border wall.

The total number of people receiving unemployment benefits rose to 20.4 million in the week ended January 23.

Twitter’s blacklisting of Donald Trump is permanent, even if he returns to political office, according to a statement from a top Twitter executive.

New claims for unemployment benefits fells  slightly last week to 793,000, a decline of 19,000 from the prior week’s upwardly revised figure.

The number of migrants at President Joe Biden’s southern border hit a ten-year record for January, but officials are blaming crime and disease.

On Wednesday’s broadcast of NBC’s “Late Night,” Rep. Cori Bush (D-MO) stated that a $15 an hour minimum wage is “the start,” and “it should be higher than that right now.” Bush said, “You know, we have to start with

President Joe Biden’s abolishment of key migration controls during his first three weeks in office is receiving the most pushback from voters. 

A slim plurality of Democrats and liberals believe the government should allow CEOs to import white-collar workers for the good career jobs ought by U.S. college graduates, according to a survey by Rasmussen Reports.

Jeep has officially paused its Bruce Springsteen ad campaign that aired during the Super Bowl following the revelation that the pro-Biden rock singer was arrested for drunk driving in November.

Neera Tanden, President Joe Biden’s nominee to run the Office of Management and Budget (OMB), said Monday that she approves of a $15 minimum wage after telling Hillary Clinton’s campaign to avoid such a policy position.

The United States Chamber of Commerce is backing President Joe Biden’s nominee to lead the White House’s Office of Management and Budget (OMB), Neera Tanden, who has deep financial ties to billionaire George Soros, Wall Street firms, and Silicon Valley’s biggest tech corporations.

A group of Senate Republicans, led by Sen. Chuck Grassley (R-IA), have reintroduced legislation that would mandate E-Verify, the program designed to protect the United States workforce by banning employers from illegal hiring. 

Bloomberg News reported Wednesday that Pakistan is asking China for relief on the debt from constructing about a dozen power plants under China’s Belt and Road Initiative (BRI).

In a speech in New York Wednesday, Fed chair Jerome Powell downplayed the risks of inflation and urged lawmakers to embrace higher spending to restore the labor market.

Twitter claims it suspended the account of Rep. Devin Nunes (R- CA) on Tuesday in “error” after Nunes allegedly failed to complete the social media platform’s anti-spam filter. His account was restored shortly after.

Progressives celebrated on Tuesday, announcing that they successfully blocked attempts to alter eligibility thresholds for future coronavirus relief payments.

The pancake mix and syrup line Aunt Jemima has formally rebranded itself as “The Pearl Milling Company,” parent company PepsiCo announced Tuesday.

The CEO of travel booking site Trivago believes that the attitudes towards the world’s biggest tech firms have changed. Axel Hefer believes world governments are warming to taking on Google’s stranglehold on the internet, stating: “There is an increasing understanding that you need to set some rules that are specific to the digital world, as you’ve done in the offline world a long time ago.”

The consumer price index climbed three-tenths of a percentage point in January, the Labor Department said Wednesday. That was the fastest pace of inflation in five months. But most of that can be attributed to higher gasoline prices, which rose by 7.4 percent in January. Outside of fuel, price increases were tame or nonexistent.

The deal for TikTok’s American operations with Oracle and Walmart has been put on hold indefinitely by the Biden White House, according to the New York Times.

Social media giant Facebook is being sued for “losing control” of the data of around one million users in England and Wales.

Chief Brexit negotiator David Frost has blamed Brussels for the ongoing tensions with London, remarking that the bloc is struggling to accept “the existence of a genuinely independent actor in their neighbourhood”.